October 14, 2013 With the US Dollar Index still trading very close to the psychologically key level of 80, today top Citi analyst Tom Fitzpatrick warned King World News that the dollar is now set to plunge. Below is the timely Fitzpatrick commentary, along with the chart which illustrates the dollar is set to take…
Published on Oct 14, 2013
*Bloomberg-U.S. Dollar downgraded:http://www.bloomberg.com/news/2013-10…
*China calls for De-Americanised World:http://www.ibtimes.co.uk/articles/513…
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Submitted by Tyler Durden on 10/13/2013 14:32 -0400 We assume it is a coincidence that on the day in which we demonstrate China’s relentless appetite for gold, driven by what we and many others believe is the country’s desire to have a call option on a gold-backed reserve currency when the time comes, just posted in China’s official press…
Published on Oct 13, 2013
Peter Schiff, CEO of Euro Pacific Metals, predicts, “Americans’ standard of living is going to move dramatically lower. . . . We’re not going to be buying a lot of new things because stuff is going to be very expensive.” Schiff contends, “This is just a question of time until the illusion is pierced. When the collapse happens, that’s it–the party’s over. America is going to have to live within its means.” Join Greg Hunter as he goes One-on-One with money manager Peter Schiff.
By Naveen Mathur, ET Bureau | 14 Oct, 2013 With applications ranging from industrial use and jewellery to silverware, photography and investment, silver is an essential commodity. A quick break-up shows that industrial demand accounts for 44%, followed by consumption in jewellery and silverware at 22%, investment demand at almost 30%, while photography accounts for a…
